Fed Chair Powell: We're seeing higher productivity, but quick to say it's generative AI
Youtube·2025-12-11 04:51

So this has come up a couple of times today, but to be clear, do you believe that we're experiencing a positive productivity shock whether from AI or policy factors or whatever. Uh and how much of that is how much is that driving the higher GDP projection in the SCP. >> So yeah, I mean it uh [clears throat] I never thought I would see a time when we had, you know, five, six years of 2% productivity growth.This is this is higher, you know, this is definitely higher and it was it was before before it could be ...